4.28.20 Paper goods hit shelves + beef & pork shortage; Tech late-fee policies; Avoid getting cash from predatory lenders; Covid has accelerated economic changes

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 5.2K Ratings

🗓️ 28 April 2020

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Beef and pork prices are likely to rise soon because of the shortage due to Covid. Also, paper goods are making a reappearance on store shelves...finally. Verizon, AT&T, and Comcast aren't terminating anyone who can't pay through the month of June. They won't charge late fees either. If you have to take on more debt right now in order to put food on the table, make sure you do it wisely. Clark gives recommendations for where to go to avoid predatory loans that will make your financial situation even worse. Covid is rapidly changing our economy. The virus is accelerating the decline of businesses that were already having a tough time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Crypto doesn't sleep, so neither do we.
0:04.0	Crack-and-client support is available 24-7, 365 days a year by call, chat, or email.
0:11.0	We're here for you whenever you need us.
0:13.0	Give us a shout at crackin.com forward slash support proof,
0:17.0	not investment advice. Crypto trading involves risk of loss.
0:22.0	I'm so glad you're with us here on the Clark Howard Show,
0:31.0	where it's all about you learning how to stretch every dollar you've got.
0:36.0	Our team at Clark.com and Clarkfeels.com
0:40.0	are working very hard to see that you have up to the date information
0:45.0	on how to handle every dollar you do have
0:48.0	and how to stretch every dollar that you're using to purchase things.
0:53.0	I want to talk about purchasing right now.
0:56.0	There's a lot of rumbling that we're going to have severe shortages of meat.
1:02.0	The reason is that in meat and pork processing plants,
1:07.0	people by the nature of how those plants are designed
1:11.0	are working right on top of each other.
1:14.0	A huge percent of processing plants around the country
1:19.0	have ended up with big outbreaks of coronavirus
1:23.0	and believe it or not, a third of all pork processing plants in the United States
1:28.0	are now temporarily closed because coronavirus ran rampant in those plants.
1:35.0	It's been not as bad with beef processing plants
1:39.0	but somewhere around 15% or so of those are now closed.
	...

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